David Deutsch on politics, planning and error correction

I think the libertarian movement has first of all a revolutionary political agenda – and even if it’s not revolutionary, even if they say “We want to implement it over a period of a hundred years,” they know what they want to implement, they know what the end point is going to be in a hundred years’ time. And they don’t take into account first of all, that there are going to be errors in whatever they set up, and that the correction of those errors is more important than getting it right in the first place – much more important. And secondly, they don’t take into account that the relevant knowledge is contained in institutions: inexplicit knowledge that people share. By institutions I don’t mean buildings like the Supreme Court building… I mean the manner of thinking – in the case of the Supreme Court, the manner of thinking that’s shared by hundreds of millions of Americans – that makes them not just behave in a certain way, but expect society, the government, the legal system, the state, they expect certain things of those things, and it’s those expectations that make up 90% of the institution of the Supreme Court. And libetarians think that’s unimportant and mostly want to throw it away, by and large…

David Deutsch in Conversations with Tyler, Episode 124

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